BANKTECH TO PROVIDE TAB DIGITAL CUSTOMERS WITH FREE ATM DEPOSITS AND WITHDRAWALS

Banktech, Australia’s leading independent ATM deployer, has announced a partnership with Tabcorp that allows TAB customers to deposit and withdraw cash from their account via the ATM Plus network.

Banktech owns and manages more than 2,600 CashConnect ATMs across Australia, primarily in pubs and clubs. These are currently being upgraded to their new “ATM Plus” service which will include both a note acceptor and barcode scanner.

TAB customers will be able to deposit or withdraw from their account by scanning their digital TAB account card, or physical TAB card at an ATM Plus terminal.

ATM Plus will help turn the TAB into a self-service operation and promises a simple service to punters, lower operating costs to the venue.

“We’re excited to add another avenue for our customers to deposit and withdraw into their TAB accounts. Banktech’s CashConnect ATM Plus network services will be exclusive to TAB account customers in TAB venues. It is just another service that Tabcorp is providing to its customers while simultaneously supporting our TAB venues.

“This is especially exciting for our next-generation, non-cash betting Digital Retail venues. Banktech’s CashConnect ATMs will allow them to offer a cash deposit and withdrawal option, in a non-traditional TAB that is powered by Venue Mode on the TAB App.” Bernadette McLoughlin, General Manager Oncourse & Wagering Operations – TAB.

The response from TAB venues seeking to offer the new ATM Plus service has been remarkable. According to Henry Kiwarkis, General Manager Sales, Banktech has already signed up more than 1,600 ATMs to deliver the new TAB functionality.

Tabcorp Chief Operating Officer Paul Carew said the partnership was another step in the transformation of the company.

“At TAB, we’re customer obsessed in everything we do and this partnership provides more optionality to suit the needs of our customers,’’ he said.

“We’re in the midst of a digital transformation. We’ve launched new products and we are innovating our retail network. This is another step in that journey and importantly, it provides a safe option for our customers.”

Banktech built ATM Plus to be “the bridge between cash and digital payments” says Kiwarkis and delivering TAB services is another important step in developing fully integrated digital solutions for venues.

Banktech is currently upgrading the CashConnect ATM fleet to deliver the TAB services.